Last week’s Aspen and Snowmass sales activity appears below. Scroll down the page for photos and details of weekly solds and under contract /pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to search the blog archives by year and date. Or use SearchEstinAspen to search by topic, address, subdivision or complex name, date etc. If it’s about Aspen real estate, the information should be here.

The Estin Report: Preliminary Q3 and YTD 2014 State of the Aspen Snowmass Market tables and charts showing select data have been posted in Current Reports. The full report with analysis is in process and will be released soon.

Market Activity Week 41, Oct 12 – Oct 19, 2014

Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity.

Of note, pre-construction reservations for the (14) OneAspen Townhomes at the base of Aspen Mountain’s Lift 1A continue: 8 of the 14 total units for sale are now reserved requiring $250,000 down. For more information, please contact Tim directly at970.309.6163.

Closed (9): MLS #s: 131687, 134521, 134698, 130081, 132042, 135339, 133043, 134734. This link is valid until 11/19/2014.

Under Contract / Pending (18): MLS #s: 135180, 133560, 134709/134686, 130806, 119571, 126481, 135155, 135102, 135656, 130044, 135157, 135265, 135184, 134111, 129766, 133068, 135873, 132949. This link is valid until 11/19/2014.

Aspen Snowmass Solds Last Week:

MLS #131687 – Aspen, Central Core, River Park townhouse, 124 N. Spring Street #124, Aspen, CO: Sold Price: $5,650,000/$1,279 sq ft unfurnished. More details below photos.

MLS #131687 – Aspen, Central Core, River Park townhouse, 124 N. Spring Street #124, Aspen, CO: Sold Price: $5,650,000/$1,279 sq ft unfurnished; Asking Price: $5,995,000. (Original Price: $6,250,000 and 384 days on the market since 10/01/2013.) This is a 1992 built/2004 remodeled, 4 bedroom/4 bath/1 half bath, 4,416 sq ft townhouse with 2 car garage. Broker comments are, “An elegant riverfront townhouse in the core of Aspen. This four bedroom, four and one-half bath luxurious residence has an elevator, stone countertops, wood floors, air conditioning, three dramatic gas fireplaces, cathedral ceilings and a rooftop hot tub. The serene setting on the Roaring Fork River creates a uniquely quiet core experience with a two-car garage and additional guest parking perfect for entertaining. Walk to the gondola, play in the pool by the river, or relax in the roof top hot tub; all the quintessential Aspen lifestyle.” 2013 Taxes: $13,702; HOA Dues: $6,582 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/31/2014; Sold Date: 10/15/2014. (Photos and broker comments courtesy of Frias Properties.)

MLS #134521 – Aspen, West Aspen, Pitkin Mesa condo, 1113 Cemetery Lane, Aspen, CO: Sold Price: $2,875,000/$915 sq ft furnished. More details below photos.

MLS #134521 – Aspen, West Aspen, Pitkin Mesa condo, 1113 Cemetery Lane, Aspen, CO: Sold Price: $2,875,000/$915 sq ft furnished; Asking Price: $2,995,000. (Original Price: $3,195,000 and 836 days on the market since 02/20/2012. The seller purchased it for $3.75M on 09/18/2007.) This is a 2007 built, 4 bedroom/4 bath/1 half bath, 3,139 sq ft condo with 2 car garage. Broker comments are, “Luxury, convenience and value in this gorgeous West Aspen home. Fabulous finishes include hard wood floors, granite countertops, custom stonework, and walnut doors and cabinets. Cozy up to one of three fireplaces, cool off in the central A/C or kickback in the media room. And when it is time to play, the bike path at your front door or the free shuttle means you’re just minutes away from downtown, skiing, golf, fishing and everything Aspen has to offer. See why West Aspen is a favorite location for locals and part time residents alike, and why 1113 Cemetery is an unprecedented value.” 2013 Taxes: $5,115; HOA Dues: $3,000 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/13/2014; Sold Date: 10/10/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #134698 – Aspen, Central Core, Villager condo, 1001 E. Cooper Avenue #4, Aspen, CO: Sold Price: $2,000,000/$1,265 sq ft furnished. More details below photos.

MLS #134698 – Aspen, Central Core, Villager condo, 1001 E. Cooper Avenue #4, Aspen, CO: Sold Price: $2,000,000/$1,265 sq ft furnished; Asking Price: $2,000,000. (Original Price: $1,750,000 and 515 days on the market since 09/09/2012.) This is a 1965 built/1987 remodeled, 3 bedroom/3 bath, 1,580 sq ft condo. Broker comments are, “Owners are FIRM on $2M and unit is encumbered by short-term rentals through December 2014. This is a great end unit with plenty of natural light. Small complex with only 8-units. All square footage is above grade and you are short walk to town and City Market. Floor plan includes an additional lock-off suite with separate entrance (4bd/3ba). Lots of income potential and flexibility; previous tenants paid $4,000/month and used extra suite for nanny. Low HOAs for a condo with short term potential @ $462/month.” 2013 Taxes: $3,148; HOA Dues: $1,385 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/05/2014; Sold Date: 10/14/2014. (Photos and broker comments courtesy of Aspen Associates.)

MLS #130081 – Aspen, Central Core, Christiana Aspen condo, 507 W. Main Street C-101, aspen, CO: Sold Price: $670,000/$1,038 sq ft unfurnished. More details below photos.

MLS #130081 – Aspen, Central Core, Christiana Aspen condo, 507 W. Main Street C-101, aspen, CO: Sold Price: $670,000/$1,038 sq ft unfurnished; Asking Price: $695,000. (Original Price: $775,000 and 518 days on the market since 06/03/2013.) This is a 2007 built, 1 bedroom/1 bath, 645 sq ft condo. Broker comments are, “With a great location in Aspen, this one bedroom one bathroom condominium features granite countertops, stainless steel appliances, hardwood floors, along with a gas fireplace and air-conditioning. Pets permitted for owners. Enjoy the pool, hot tub, and great landscaping this summer. There is ample parking and storage onsite. Easy to show anytime as the property is unoccupied. Open house each Thursday.” 2013 Taxes: $1,786; HOA Dues: $6,792 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/16/2014; Sold Date: 10/16/14. (Photos and broker comments courtesy of Frias Properties.)

MLS #132042 – Aspen, Central Core, Original Curve condo, 725 E. Main Street 208, Aspen, CO: Sold Price: $515,000/$1,037 sq ft furnished. More details below photos.

MLS #132042 – Aspen, Central Core, Original Curve condo, 725 E. Main Street 208, Aspen, CO: Sold Price: $515,000/$1,037 sq ft furnished; Asking Price: $369,500. (Original Price: $372,500 and 340 days on the market since 11/06/2013.) This is a 1970 built, 350 sq ft studio with 1 bath. Brlker comments are, “Beautifully updated studio in Aspen Core. Big windows with lots of natural light, new carpet and granite kitchen makes this a perfect getaway for those looking to enjoy Aspen without overhead. Lots of storage and assigned off-street parking. Great rental history.” 2013 Taxes: $644; HOA Dues: $810 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/26/2014; Sold Date: 10/10/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #135339 – Snowmass Village, Enclave condo, 360 Wood Road 301, Snowmass Village, CO: Sold Price: $1,598,000/$914 sq ft furnished. More details below photos.

MLS #135339 – Snowmass Village, Enclave condo, 360 Wood Road 301, Snowmass Village, CO: Sold Price: $1,598,000/$914 sq ft furnished; Asking Price: $1,700,000. (Original Price: $1,700,000 and 90 days on the market since 07/17/2014.) This is a 1980 built/2013 remodeled, 4 bedroom/4 bath, 1,748 sq ft condo. Broker comments are, “Spectacular top-floor, corner four-bedroom on east side of building overlooking Assay Hill – a rare combination in Snowmass of location, floorplan, size and view. Huge windows overlooking the ski slope and valley beyond, as well as up the Elk Camp gondola to top of ski area. This condominium is filled with light and features two decks, one off living room, and another off of master bedroom. New kitchen and baths. Skylights. Woodburning fireplace. Assigned carport space. Ski locker right outside door, and ski around the 101/201/301 stack to Assay Hill chairlift; or, use locker at point of building, and ski down to gondola. Easy walk to Base Village. Amenities include elevators, phenomenal on-site management, one of the most beautiful pools/spas in Snowmass, small exercise room. An ideal retreat for a big family or two smaller ones.” 2013 Taxes: $5,020; HOA Dues: $27,357 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/15/2014; Sold Date: 10/09/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #133043 – Old Snowmass, Little Elk Creek single family home, 12 Alexander Avenue, Snowmass, CO: Sold Price: $515,000/$323 sq ft unfurnished. More details below photos.

MLS #133043 – Old Snowmass, Little Elk Creek single family home, 12 Alexander Avenue, Snowmass, CO: Sold Price: $515,000/$323 sq ft unfurnished; Asking Price: $550,000. (Original Price: $550,000 and 249 days on the market since 02/22/2014.) This is a 1976 built, 2 bedroom/2 bath, 1,592 sq ft single family home on a 43,995 sq ft lot. Broker comments are, “Bathed in sunshine, enjoy the beautiful expanse of Old Snowmass, grazing horses and magnificent mountain ranges on the horizon. Easily accessible, this 1+ acre lot and 2-bedroom, split-level wooden mountain home/cabin offers excellent development opportunities for an end-user or second home.” 2013 Taxes: $3,096; HOA Dues: $545 Qtr. Under Contract Date: 07/16/2014; Sold Date: 10/17/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #134734 – Woody Creek, Wood Creek riverfront single family home, 428 Woods Road, Aspen, CO: Sold Price: $2,775,000/$1,182 sq ft partially furnished. More details below photos.

MLS #134734 – Woody Creek, Wood Creek riverfront single family home, 428 Woods Road, Aspen, CO: Sold Price: $2,775,000/$1,182 sq ft partially furnished; Asking Price: $2,950,000. (Original Price: 2,950,000 and 121 days on the market since 06/14/2014.) This is an 1888 built/1991 remodeled, 2 bedroom/3 bath, 2,347 sq ft single family home on the river with 1 car garage on a 91,912 sq ft lot. Broker comments are, ” An idyllic river retreat, small and charming compound, at the end of a country lane on the banks of the Roaring Fork. The property features a romantic 1285 sq ft 1-bedroom cottage overlooking 200’ of river frontage, a charming 1062 sq ft studio/greenhouse, beautiful grounds which include lush grass, perennial gardens and flowering trees, a spa, and small pasture. Both homes have been exquisitely maintained and are very comfortable, but there are also a myriad of redevelopment opportunities possible on the site (see Docs for land use analysis). Private, quiet and serene, this is an ideal place for the artist or writer, or for a couple who, down the road, may want to expand and make room for their family or visiting guests.” 2013 Taxes: $2,364. Under Contract Date: 07/21/2014; Sold Date: 10/10/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

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Disclaimer: The statements made in The Estin Report and on Aspen broker Tim Estin’s blog represent the opinions of the author and should not be relied upon exclusively to make real estate decisions. A potential buyer and/or seller is advised to make an independent investigation of the market and of each property before deciding to purchase or to sell. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable, however, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.309.6163 or by email. The Estin Report is copyrighted 2014 and all rights reserved. Use is permitted subject to the following attribution with an active link to the source: “The Estin Report on Aspen real estate.”

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